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The FGH Company has an asset turnover of 3.0 times, using assets of $45,000. The company also has a return on investment (ROI) of 20%. If the residual income was $2,250, what was the company's cost of capital? (
Shipping expense is $9,000 for 8,000 pounds shipped and $11,250 for 11,000 pounds shipped. Assuming that this activity is within the relevant range, if the company ships 9,000 pounds, its expected shipping expense is closest to ??
Prior Company buys merchandise on account from Wood Company. The selling price of the goods is $900 and the cost of goods is $630. Both companies use perpetual inventory systems. Journalize the transactions on the books of both companies.
nicholes employer poe corporation provides her with and automobile allowance of 20000 every other year. her marginal
viva marketing ltd. produces television advertisements for businesses that are marketing products in the western
langley clinics inc. buys 400000 in medical supplies a year at gross prices from its major supplierconsolidated
pro sports inc. manufactures basketballs for the national basketball association. for the 6 months of 2008 the company
All the debentures were fully subscribed and allotted. Application and Allotment money were received on 8th and 12th July1990 respectively. You are required to make entries in thebooks of the company.
A corporation sold land (with an adjusted basis of $240,000) for $200,000 to its majority shareholder. (A) What is the company's recognized gain or loss on the sale?
at the beginning of april warren corporations assets totaled 247000 and liabilities totaled 67000. during april the
the bakery produces tea cakes. it uses a process costing system. in march its beginning inventory was 450 units which
creating a multiple-step income statement and a balance sheetspecial requirements1. all numerical cells on statements
the residual interest in a corporation belongs to thea.management.b.creditors.c.common stockholders.d.preferred
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